Proponents of the Notion of a "Political Business Cycle" Suggest

question 130

Multiple Choice

Proponents of the notion of a "political business cycle" suggest that:

• A)the cyclically adjusted budget is a better indicator of the state of the economy than the actual budget.
• B)cyclical swings in the economy are produced by the inherent instability found in capitalist economies.
• C)a possible cause of economic fluctuations is due to the use of fiscal policy for political purposes.
• D)there is a trade-off among goals that tends to make the economic policies of state and local governments pro-cyclical.

Understand different types of motivations and their influences on behavior.

Recognize the importance of attitude in maintaining motivation and shaping behavior.

Differentiate between fixed and growth mindsets and their impacts on learning and development.

Identify the role of emotional intelligence in personal and academic success.

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Definitions:

Contingency Planning

Plans that allow a firm to resume operations as quickly and as smoothly as possible after a crisis while openly communicating with the public about what happened.

3G Services

The third generation of mobile telecommunications technology, offering improved data transfer rates over previous generations.

4G Services

4G services are the fourth generation of mobile telecommunications technology, offering higher speed internet and data communication than its predecessor, 3G.

Threat

A potential or actual danger that may cause harm or adverse effects on individuals, assets, or systems.